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Question
Select the correct answer from the options given below and rewrite the statement:
Deposit is a type of ______________________.
Options
Owned capital
Short term loan
Long term loan
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Solution
Deposit is a type of Short term loan.
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RELATED QUESTIONS
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Find the odd one.
Give one word or phrase for the following sentence:
Type of company that can accept deposits only from its members or directors.
Study the following case/situation and express your opinion.
| CC Company Ltd. is an eligible Public Company as per the Companies Act, 2013 with reference to accepting Public Deposits. |
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